WisdomTree Alternative Income Fund (BATS:HYIN) Shares Up 1.3% – What’s Next?

WisdomTree Alternative Income Fund (BATS:HYIN)’s share price rose 1.3% on Thursday . The company traded as high as $14.34 and last traded at $14.31. Approximately 16,644 shares were traded during trading, a decline of 44% from the average daily volume of 29,946 shares. The stock had previously closed at $14.13.

WisdomTree Alternative Income Fund Trading Up 1.3%

The business has a 50-day moving average price of $14.58 and a two-hundred day moving average price of $15.25. The firm has a market capitalization of $50.09 million, a price-to-earnings ratio of 9.57 and a beta of 0.99.

Institutional Trading of WisdomTree Alternative Income Fund

A number of institutional investors and hedge funds have recently made changes to their positions in HYIN. WealthPlan Investment Management LLC acquired a new stake in shares of WisdomTree Alternative Income Fund during the 4th quarter worth approximately $2,183,000. Uhlmann Price Securities LLC acquired a new stake in shares of WisdomTree Alternative Income Fund during the 1st quarter worth approximately $1,423,000. Jane Street Group LLC acquired a new stake in shares of WisdomTree Alternative Income Fund during the 1st quarter worth approximately $475,000. Delta Investment Management LLC acquired a new stake in shares of WisdomTree Alternative Income Fund during the 4th quarter worth approximately $356,000. Finally, Prospera Financial Services Inc acquired a new stake in shares of WisdomTree Alternative Income Fund during the 4th quarter worth approximately $344,000.

About WisdomTree Alternative Income Fund

The WisdomTree Alternative Income Fund (HYIN) is an exchange-traded fund that is based on the Gapstow Liquid Alternative Credit index. The fund tracks an equal-weighted index of 35 publicly traded alternative credit vehicles (PACs). The selection of PACs is based on related exposure to alternative credit and trading requirements. HYIN was launched on May 6, 2021 and is managed by WisdomTree.